The Federal Reserve has left the door open to an increase in short-term rates in its December meeting as it dropped previous warnings about the risks global financial and economic developments were posing to the US economy. Meeting for its penultimate policy meeting in 2015, the Federal Open Market Committee said there had been a slowing in the pace of job growth, but it added that policymakers were seeing solid gains in US household spending and investment, reports Sam Fleming, US economics editor. As predicted by all economists surveyed by the Financial Times, the Fed left short-term interest rates at near-zero levels in its meeting. Only one policymaker dissented – Jeffrey Lacker of the Richmond Fed, who wanted to see an immediate hike. The decision leaves the final FOMC gathering this year on December 15-16 subject to intense scrutiny.

T.E.E. NOTE - Weren't they just discussing possible negative interest rates? We'll just have to wait until December's meeting, only for them to maybe THEN admit that they actually can NOT POSSIBLY raise interest rates. THEN we'll get a rebound in the P.M.s